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Direxion Daily Small Cap Bull 3x ETF

37 hedge funds and large institutions have $130M invested in Direxion Daily Small Cap Bull 3x ETF in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 8

12% more funds holding

Funds holding: 3337 (+4)

10% more capital invested

Capital invested by funds: $118M → $130M (+$11.3M)

0% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 12

4.27% less ownership

Funds ownership: 32.38%28.11% (-4.3%)

33% less call options, than puts

Call options by funds: $221M | Put options by funds: $329M

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
37
Holders Change
+4
Holders Change %
+12.12%
% of All Funds
1.06%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
12
Increased
12
Reduced
12
Closed
8
Calls
$221M
Puts
$329M
Net Calls
-$108M
Net Calls Change
+$81.7M
Name Holding Trade Value Shares
Change
Change in
Stake
CS
1
Credit Suisse
Switzerland
$33.7M +$8.18M +228,182 +38%
Susquehanna International Group
2
Susquehanna International Group
Pennsylvania
$16.3M +$4.25M +118,566 +42%
Goldman Sachs
3
Goldman Sachs
New York
$13.9M -$7.13M -198,898 -37%
CA
4
Commerzbank Aktiengesellschaft
Germany
$13.6M -$145K -4,032 -1%
VKH
5
Virtu KCG Holdings
New York
$7.93M +$4.72M +131,526 +206%
Morgan Stanley
6
Morgan Stanley
New York
$5.4M -$2.47M -68,998 -34%
BNP Paribas Financial Markets
7
BNP Paribas Financial Markets
France
$3.65M +$546K +15,238 +20%
JT
8
Jump Trading
Illinois
$3.55M +$2.17M +60,394 +225%
Deutsche Bank
9
Deutsche Bank
Germany
$3.51M
AT
10
Allston Trading
Illinois
$3.45M +$2.83M +78,816 +1,311%
TRCT
11
Tower Research Capital (TRC)
New York
$2.84M +$2.15M +60,032 +604%
ACI
12
Alpha Cubed Investments
California
$2.55M +$2.25M +62,648 New
CT
13
CMT Trading
Illinois
$2.38M +$1.57M +43,800 +295%
Citadel Advisors
14
Citadel Advisors
Florida
$2.21M +$1.95M +54,370 New
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.99M +$1.23M +34,234 +234%
U
16
UBS
Switzerland
$1.64M +$1.1M +30,664 +319%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$1.49M -$1.46M -40,840 -53%
TH
18
Timber Hill
Connecticut
$1.45M -$7M -195,262 -85%
Franklin Resources
19
Franklin Resources
California
$1.27M +$1.12M +31,200 New
PSW
20
Portfolio Strategies (Washington)
Washington
$897K -$1.3M -36,296 -62%
QC
21
QCM Cayman
Texas
$824K +$40.3K +1,124 +6%
CPSAC
22
Chas P. Smith & Associates (CPS)
Florida
$697K +$615K +17,150 New
Jane Street
23
Jane Street
New York
$674K +$595K +16,588 New
SG Americas Securities
24
SG Americas Securities
New York
$620K +$546K +15,240 New
Two Sigma Advisers
25
Two Sigma Advisers
New York
$556K +$491K +13,680 New

TNA Hedge Fund Activity: Q2 2014 in Review

37 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q2 2014, worth a combined $130M — up 9.6% from $118M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new TNA positions and 8 closed out — a net gain of 4 holders — while 12 added to existing stakes and 12 trimmed.

The largest buyer was Credit Suisse, adding an estimated $8.18M. The largest seller was Goldman Sachs, cutting an estimated $7.13M.

  • 37 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q2 2014, up from 33 in Q1 2014.
  • Funds reported $130M of Direxion Daily Small Cap Bull 3x ETF stock for Q2 2014, up 9.6% quarter-over-quarter.
  • 12 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q2 2014 and 8 closed out, a net change of +4 holders.
  • The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q2 2014 was Credit Suisse, an estimated $8.18M added.
  • The largest Direxion Daily Small Cap Bull 3x ETF seller in Q2 2014 was Goldman Sachs, an estimated $7.13M sold.

Based on aggregated 13F filings for Q2 2014.